August 27th, according to news,
As of August 26, 2026, the spot diesel price in China is at a high point in the nearly 1-year price cycle. The average difference indicator shows that the current market is in a deep correction phase, exhibiting characteristics of a bearish correction. Additionally, with the recent continuous decline in international crude oil prices, attention should be paid to the risk of a high-level correction in diesel prices.
Data Explanation
The latest available diesel spot price data for China is up to August 26, 2026. It is recommended to refer to real-time data.
1. Mean Difference Variation Table
| Mean Difference Indicator | Today (2026.8.26) Value | Yesterday (2026.8.25) Value | Direction of Change |
|---|---|---|---|
| 5-day Mean Difference (D5) | 33.15 | 41.31 | - |
| 10-day Mean Difference (D10) | 128.64 | 167.72 | - |
| 20-day Mean Difference (D20) | 203.64 | 186.10 | + |
2. Signal Status Judgment
The current combination of mean difference change signs is (-, -, +), corresponding to a deep pullback signal (bearish, with a corrective nature).
3. Trend Direction Conclusion
The current price trend is oscillating, reason: the change directions of the 5-day, 10-day, and 20-day moving averages compared to the previous day are not entirely consistent, meeting the criteria for an oscillating trend. It is currently in a bearish correction phase.
4. Position Space Reference
The current diesel price in China is at a high level for the 60-day, 3-month, and 1-year periods (5th tier), with limited room for further increases and strong pressure for a pullback at these high levels.
5. Trend Chart Display
6. Recent Fundamental References
Upstream cost side: Recently, international crude oil prices have continued to decline. On August 25, the settlement price of the November Brent crude oil futures contract was reported at $87.27 per barrel, a decrease of 3.6%, thereby weakening cost support for diesel.
Spot market: On August 26, the price range for diesel from independent refineries in the northeastern region of China was 8,000-8,100 CNY per ton, higher than before; the price for diesel from independent refineries in the northwestern region of China remained stable at 7,700-7,800 CNY per ton, showing a clear regional market differentiation.
Market News: Concerns about fuel supply disruptions in Iran and other regions have caused some disruption to sentiment in the global oil products market.
Risk Warning
The above analysis is for reference only and does not constitute trading advice.
